Finance Act 2020

9 Determining the appropriate percentage for a car: tax year 2020-21 only

(1) For the tax year 2020-21, Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) has effect with the following modifications.

(2) In section 139 (car with a CO₂ emissions figure: the appropriate percentage)—

(a) in the table in subsection (1), in the second column of the entry for a car with a CO₂ emissions figure of 0, for “2%” substitute “0%”, and

(b) in subsection (7) before paragraph (a) insert—

“(za) section 139A (recently registered cars),”.

(3) After section 139 insert—

“139A Section 139: recently registered car with CO₂ emissions figure

In its application in relation to a car that is first registered on or after 6 April 2020, section 139 has effect as if—

(a) for the table in subsection (1) there were substituted—

“Car	Appropriate percentage
Car with CO2 emissions figure of 0	0%
Car with CO2 emissions figure of 1 - 50
Car with electric range figure of 130 or more	0%
Car with electric range figure of 70 - 129	3%
Car with electric range figure of 40 - 69	6%
Car with electric range figure of 30 - 39	10%
Car with electric range figure of less than 30	12%
Car with CO2 emissions figure of 51 - 54	13%
Car with CO2 emissions figure of 55 - 59	14%
Car with CO2 emissions figure of 60 - 64	15%
Car with CO2 emissions figure of 65 - 69	16%
Car with CO2 emissions figure of 70 - 74	17%”

(b) in subsection (3)(a) for “20%” there were substituted “18%”.”

(4) In section 140 (car without a CO₂ emissions figure: the appropriate percentage) in subsection (3)(a) for “2%” substitute “0%”.